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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split
MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

MicroStrategy will soon be far cheaper for smaller investors to gain exposure to.

Cryptopotato·2024/07/11 22:10
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member
Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member

Here are the advantages and disadvantages that a potential SHIB ETF could provide.

Cryptopotato·2024/07/11 20:25
Why the Litecoin (LTC) price remains stagnant despite wide use
Why the Litecoin (LTC) price remains stagnant despite wide use

Share link:In this post: Litecoin sees significant turnover, moving up to 60% of its supply in a single day. LTC prices stagnated, with short positions dominating on most exchanges. Miners keep their activity at an all-time high, not capitulating despite low LTC prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a q

Cryptopolitan·2024/07/11 16:10
Story Protocol plans to launch IP-focused Layer 1 this year
Story Protocol plans to launch IP-focused Layer 1 this year

Quick Take Blockchain startup Story is coming out of stealth with its bespoke Layer 1 network built for IP management. The project is backed by investors including Paris Hilton’s 11:11 Media, Samsung Ventures and Andreessen Horowitz. Story is using an EVM-compatible blockchain together with a custom “Proof-of-Creativity” consensus algorithm.

The Block·2024/07/11 14:46
U.S. inflation falls to 3%, lowest level since 2021
U.S. inflation falls to 3%, lowest level since 2021

Share link:In this post: U.S. inflation dropped to 3% in June, the lowest since 2021, raising hopes for potential Federal Reserve interest rate cuts. The unemployment rate rose to 4.1%, the highest since the pandemic, causing concerns despite no immediate recession threat. Treasury yields fell, and stock futures rose after the CPI data release, with traders betting on interest rate cuts this year.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any invest

Cryptopolitan·2024/07/11 14:07
Flash
16:16
Nobel Prize-winning economist: Elon Musk is essentially a real-life Ponzi scheme
Golden Ten Data June 19th|On the first day of SpaceX's listing, Elon Musk became the first trillionaire in human history. On the same day, 2008 Nobel Prize-winning economist Paul Krugman published an article, "Elon Musk, Human Ponzi Scheme," directly labeling Musk as a "real-life Ponzi scheme." Krugman's accusations targeted three core aspects:Selling false promises: Hyperloop, full self-driving, Mars program—all repeatedly delayed. Musk’s skyrocketing wealth relies on "self-fulfilling beliefs" rather than tangible, delivered products.Manipulating financial shell games: Covering the losses of X with the AI boom and then packaging X into SpaceX, which has real business operations. This is a continual process of using new assets to mask old holes—a "left hand passing to right hand" scheme.Corroding rules and forced buying and selling: Collaborating with Wall Street to modify inclusion rules for index funds like the Nasdaq, forcing countless ordinary families, unaware, to take the baton at his astronomical valuations. In the business world, there is no absolute right or wrong, only perspectives and flows of interest. He points out that, if we strip away emotional interference and examine the cards on the table, we’ll find: this is a scheme that absolutely privatizes profit and compulsorily socializes risk. Krugman states bluntly: “Elon Musk’s massive Ponzi scheme will inevitably collapse.”
16:11
The Federal Reserve’s persistent hawkish stance continues to weigh on the market, leading to a sharp decline in gold and silver prices.
The Federal Reserve’s hawkish stance continues to exert pressure, with gold and silver experiencing significant declines.
16:10
$180 million in long positions were liquidated in the cryptocurrency market over the past 60 minutes
In the past 60 minutes, $180 million worth of long positions have been liquidated in the cryptocurrency market. (Watcher.Guru)
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